It is illegal to speculate in foreign exchange in China. Neither platforms nor individuals are allowed to speculate in foreign exchange, but platforms are registered abroad, but now they usually turn a blind eye and let you go as if nothing had happened.

However, it seems that it is not a scam. Although the platform is illegal in China, many of them are officially regulated by foreign countries. As long as there is no problem with their serious operation and there is no obvious black-box operation, it is not deceptive; Of course, there are also many fraud companies in the industry. These unscrupulous companies cheat under the banner of foreign exchange trading in order to squeeze the principal of traders. Most of the scams and xx events we saw on the news were caused by them.

Newcomers must read more and know more about foreign exchange. -Asa will meet clubs and avoid the pit of the industry.